Iconic SUV that hits 62mph in just 3 secs drops in value the SLOWEST – but what is UK’s fastest-depreciating car brand?
EXPERTS have revealed the UK’s slowest depreciating cars with an iconic sports SUV top of the list.
The Italian marque retains the highest value three years after rolling off dealership forecourts.
The stunning Lamborghini Urus is still valued at 75% of its price after 36 months on the road.
This is the highest of any in the market, according to analysis from WhatCar?
Specialists warn that road users can expect to pick up a brand new Urus SUV for a whopping £186,509.
But, three years later, the vehicle was still available for approximately £140,000, representing a price drop of £47,000.
Speaking on the Urus, WhatCar? said: “The Urus is one of the most exotic luxury SUVs money can buy, blending jaw-dropping pace with enough practicality to be usable every day.
“The standard 4.0T FSI V8 version produces an explosive 657bhp, which launches the Urus away from a standing start with enough power to have you thinking you’re in one of the brand’s sleeker, more low-slung models.”
Mixing performance with practicality, the motor is the first Super Sport Utility Vehicle in the world, according to Lamborghini.
It can reach a mind-blowing 190mph and can go from 0-62mph in just 3.5 seconds.
At the same time, it still offers 616 litres of boot space with the seats upright, making it ideal for families.
The capacity increases to 1,596 litres when the seats are pushed back making it a fierce competitor in today’s stacked SUV market.
However, experts have warned it falls short when it comes to fuel economy.
It has an expected range of just 20 miles per gallon.
WhatCar? added: “Don’t think the Urus is some wild beast, though; it stays remarkably upright through bends and, thanks to four-wheel steering, feels more agile than its size might suggest.
“Even better, the Urus is the SUV which keeps the biggest percentage of its value after you’ve owned it for three years. However, to keep that in context, that still equates to more than £46,000 in lost value.”
In stark contrast, Tesla is now one of the UK’s fastest depreciating car brands in the UK.
The carmaker’s models lose nearly half (45 per cent) of their value within three years, according to the Carmoola Car Depreciation Index.
Tesla has risen from eight to fourth place among the worst-performing manufacturers for value retention.
This is a sharp decline compared to most other brands who have shown a relatively stable rate of depreciation.
DS, Polestar and Mitsubishi are the only manufacturers to perform worse according to the latest findings.
In a Carmoola study exploring British drivers’ perception of Tesla, 70% said they’d never want to own a Tesla because of Elon Musk.
In fact, amongst current Tesla owners, nearly three quarters (73 per cent) said they felt ashamed to be seen in the cars with nearly half (45 per cent) actively looking to get rid.